Maple Grove Elderly Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,233,313 | 1,346,919 | −113,606 | 4.8 | 0% |
| 2021 | 2,128,968 | 1,996,530 | 132,438 | 4.0 | 0% |
| 2022 | 1,022,006 | 1,132,697 | −110,691 | 4.4 | 0% |
| 2023 | 1,116,834 | 1,242,629 | −125,795 | 2.8 | 0% |
In its most recent public year (2023), this organization spent $125,795 more than it brought in. Its reserves stood at about 2.8 months of spending, down from 4.8 in 2020. Staff pay was 0% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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